PHCCIMA nominated for global competition

The Port Harcourt Chamber of Commerce Industry, Mines, and Agriculture (PHCCIMA) has got a global recognition from the International Chamber of Commerce (ICC), for identifying, analysing and disseminating the right business information to its over 900 members.

The recognition makes the PHCCIMA one of the nominees for the 2014 global best chamber of commerce.

The awards ceremony will hold in Italy later in the year.

PHCCIMA is Nigeria’s second largest chamber of commerce. Its nomination for the prestigious global award is historical, being the first among city chambers in Nigeria.

PHCCIMA, through its President, Emeka Unachukwu, has sent a robust entry, highlighting some of its lofty and valuable achievements in the year under review to win the competition.

It was learnt that the nomination has given PHCCIMA a better image, with indications that winning the competition would be the icing on the cake for the city chamber and the Nigerian business climate.

Addressing reporters in Port Harcourt on the competition, Unachukwu said: “We are happy that our effort, through our PCS3 Scheme – where we can give collateral free loans up to N16 million at low interest rate for a minimum of three years – has attracted international recognition and has earned the chamber a nomination from the ICC in the Best City Chamber of the world competition for 2014.”

Unachukwu said PHCCIMA’s Credit Support Scheme for SMEs (PCS3) was developed in response to one of the major challenges facing SMEs in Nigeria – access to funding.